Repsol signs 15-year LNG HoA with Novatek
April 2, 2019
Novatek Gas & Power Asia, a trading subsidiary of NOVATEK, signed a non-binding HoA with Repsol for the supply of LNG. The HoA envisages concluding a 15-year contract with 1 MTPA of LNG from the Arctic LNG 2 project as well as other NOVATEK’s projects. The LNG will be delivered ex-ship primarily to markets on the Iberian Peninsula.
Edited from Novatek press release.